Tag Archives: oil prices

[ad_1] After a long debate, the OPEC + group has finally reached an agreement on oil production for the next year. Or at least for January. OPEC +, as a group, will add 500,000 barrels per day in January to its oil production quotas, which currently require a 7.7 million …

[ad_1] The energy sector has emerged as the best in recent weeks, with WTI crude oil prices climbing to their highest level in nearly eight months thanks to a flurry of potential Covid-19 vaccines. Optimism has returned in a big way to the oil markets. Also conservative BP Plc (NYSE: …

[ad_1] Although there was a lot of uncertainty about the OPEC + meeting, this title (from Bloomberg) was not one of them … * SAUDI ARABIA MULLS RESOLVES FROM ROLE OF CO-PRESIDENT OF OPEC + JMMC Crude oil price reaction was instant selling, pushing WTI back below $ 45 … …

[ad_1] Sassuolo threatens Inter and coach Conte … and Napoli seeks victory (for Maradona) Milan miss their scorer Ibrahimovic in front of Fiorentina … and an easy task for Juventus against Benevento Saturday – 13 Rabi ‘Al-Thani 1442 AH – 28 November 2020 AD Issue No. [ 15341] Napoli players …

[ad_1] “Fox News” reported that recent reports claimed that the face masks we wear to protect ourselves and others from “Covid-19” have helped uncover a new health problem facing those with hearing problems.Reports indicated that audiologists in the United States noticed a slight increase in visits to patients who realized …

[ad_1] Brent crude could hit $ 60 a barrel by next summer as travel restrictions ease, Bank of America said, citing growing optimism about Covid-19 vaccines. The easing of restrictions will lead to increased demand for oil, the bank said, as quoted by Bloomberg, and this will drive prices up …

[ad_1] Oil is on the rise after a third company developing a Covid-19 vaccine announced positive efficacy results this week. They may continue to rise for a while, but it would be helpful to be wary of betting on an endless rally. Yesterday, after AstraZeneca said its vaccine candidate was …

[ad_1] The American Petroleum Institute (API) reported on Tuesday an accumulation of crude oil inventories of 3.8 million barrels for the week ending November 20. Analysts had expected an inventory build of just 127,000 barrels, and for the short price due to the favorable news about the covid-10 vaccine in …

[ad_1] Advances in vaccine development and expectations that OPEC + will decide in less than two weeks to renew current cuts for three months instead of easing them from January 2021 give bulls hope that the oil market will regain some semblance of equilibrium this year next, pushing prices higher. …

[ad_1] This year has been a real rollercoaster ride for the US stock market, but it is increasingly looking to finish on a high note. The S&P 500 it grew nearly 11% in the first two weeks of November as the world nears defeat one of humanity’s greatest threats in …